AIA Document G702 Form
                     Everything You 
Need to Know 
About the AIA 
Document G702 
Form
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Construction payment applications need 
not be complex. You must have the proper 
paperwork to receive payment punctually 
and continue with your projects without 
problems. The standard form adopted 
throughout the industry assists the 
contractor, owner, and architects in 
remaining on a similar track regarding 
billing. This is a vital document that can be 
understood to make the payment process 
quicker and safe to all.
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The Reason Why This Form is 
Important to Your Construction 
Projects.
The payment application that is official is the 
G702. You apply it to collect payment done in 
finished construction projects. It is a summary of 
the total amount of the contract, amount paid to 
date, amount of work performed and the amount 
you are requesting at this time.
This type forms a legal history. It secures both the 
contractors and the property owners since all the 
payment requests and approvals are registered. 
These forms are evidence in the court in case of a 
dispute in the future. 
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What Information is on the 
Document?
The form consists of the basic project details at the 
top. You will complete the project name, contractor, 
owner and the date of the contract. The pro forma 
covers the initial contract value, the change that has 
been made and the new value.
Locating Digital Versions Usable.
A good number of contractors would like to have 
options of convenience in the form of AIA G702 Excel 
Free Download. With Excel spreadsheets, you can 
store templates and use them in several projects. The 
software is set up to automatically compute totals 
eliminating math errors that may enforce delays in 
payment.
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